Company A is a family-owned convenience store, and the manager recognizes that they are vulnerable to economic downturns. Such downturns can reduce discretionary spending among customers and affect their sales. Using the SWOT analysis, how would you classify the possibility of an economic downtown and its relationship to the store?

A U.S.-based firm sells potato chips. The chips are made exclusively from potatoes grown in Canada. When a potato farm in Canada sells potatoes to the U.S., this is an example of:

Dillon is a manager at a local antique and collectables store. He recently overhauled the store’s process of acquiring certain merchandise. To accomplish this new process, all staff underwent the required training. Although the new process, coupled with required training, was initially met with some resistance, the process and corresponding training are now becoming the standard within the organization. Considering Lewin’s change model, at what step is Dillon’s store?

A new policy at work requires Sofia to come into the office on Friday to attend mandatory project meetings. Sofia typically works from home on Fridays since she commutes 70 minutes to work each way. Sofia would rather have the project meetings earlier in the week or have the option of attending the meetings via Zoom on Fridays. Even though the new policy may be best for the company overall, Sofia is most concerned about spending her time at home on Fridays (and saving money on gas). What is Sofia’s reason for resisting change?

To his surprise, Jose was recently assigned to an important advertising campaign for the firm’s new client. Although he studied advertising and public relations in college (20+ years ago), he has not engaged in any advertising campaigns or projects since college. Instead, he has been serving as the lead campus recruitment manager, including overseeing the firm’s internship program. Because Jose lacks knowledge of the current trends in advertising, and he does not have time to necessarily get up to speed, he fears he might ruin the advertisement and create a bad name for the company. Considering the major reasons that employees resist change, Jose is resisting this change due to the prospect of having to learn something new (or having to relearn something). This situation illustrates fear of loss.

Company A, a chain of convenience stores and coffee shops known for its made-to-order foods, boasts one of the highest sales-per-store ratios in the nation. Using the SWOT analysis, how would you classify the status of the company’s sales?

Company A is a coffee company and a quick-service restaurant. Considering the competition in Company A’s industry and the five-force competitive analysis, other companies that sell coffee illustrate ___________; and other companies that sell energy drinks illustrate ___________.

Colin’s Bakery has decided to hold and maintain its present size and not expand into the global market. Considering this scenario, what type of grand strategy is in use?

Because the responsibilities of his position are changing with technology, Joseph must grow his skills in data analytics. He enrolls in two company-wide classes to learn more about Tableau and Alteryx, two tools that will be particularly useful to him in his position. Considering Joseph’s efforts to learn new skills, what type of change does this scenario illustrate?

Company A is a family-owned convenience store, and the manager recognizes that they are vulnerable to economic downturns. Such downturns can reduce discretionary spending among customers and affect their sales. Using the SWOT analysis, how would you classify the possibility of an economic downtown and its relationship to the store?